Why Areas With Good Jobs Have Hard-To-Afford HomesAround the country, areas with the strongest job markets increasingly have some of the costliest homes. And areas with the most affordable homes lack a solid base of middle class jobs that attract workers.
North Texas Bucking National New Home Sales TrendDespite a nationwide decline of new homes sales, North Texas is once again serving as an exception to the trend.
'Urban Land Bank’ Offers Dallas Residents The American DreamA City of Dallas project has city leaders hoping to bring a fresh outlook to neighborhoods battling the telltale signs of urban decay. The ‘Urban Land Bank’ program offers vacant lots and tax-seized properties at bargain basement prices.
Competition & Availability Has Some Homebuyers 'Flying Blind'It's a big decision that many have very little time to make and few choices to choose from. CBS 11 News takes a close up look at the race to find and buy the few available homes in Frisco.
Rate On 30-Year Mortgage Down To Record 3.88 Pct.The average rate on the 30-year fixed mortgage fell again this week to a record low. The eighth record low in a year is attracting few takers because most who can afford to buy or refinance have already done so.
DFW New Home Sales Are Slower Than Last YearFewer people are in the market for new houses in the DFW area and buyers have fewer new homes from which to select.
Housing Construction Rises 1.7 Percent In July